Yield10 Bioscience, Inc. (NASDAQ:YTEN) traded at $7.8 at last check on Monday, Sep 14, making an upward move of 12.07% on its previous day’s price.
Looking at the stock we see that its previous close was $6.96 and the beta (5Y monthly) reads 2.24 with the day’s price range being $6.58 – 7.88. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, YTEN has a high of $31.05 and a low of $3.5. The company’s stock has gained about 42.34% over that past 30 days.
Yield10 has a market cap of $21.06 Million and is expected to release its quarterly earnings report on August 11, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the YTEN stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.94, with the EPS growth for the year raised at -$4.71 for 2020 and -$2.97 for next year. These figures represent -0.87% and at -0.37% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $240Million, with a low of $170Million and a high of $350Million. The median projection represents growth adding up to 7.1% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $920Million, or +14.1% up from figures reported last year.
On the other hand, looking at the outlook for the YTEN stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 4 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Yield10 Bioscience, Inc. (YTEN) stock as a Hold, while 4 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the YTEN stock currently stands at 0, and the current price level is 55.52% off its SMA20 and 35.4% from its 50-day simple moving average. The RSI (14) is pointing at 72.68 while the volatility over the past week is 18.76% and drops to 10.9% over the past one month. The beta value is 2.24, while the average true range (ATR) is currently pointing at 0.78. The average price target for the stock over the next 12 months is $17.5, with the estimates having a low of $12 and a high of $25. These price ends are 53.85% and +220.51% off the current price level respectively, although investors could be excited at the prospect of a +111.54% if the YTEN share price touches on the median price of $16.5.
Let’s briefly compare Yield10 (YTEN) stock to its peers. We find that today’s price change of +12.07% and -69.86% over the past 12 months for YTEN competes that of Archer Daniels Midland (ADM), which has seen its stock price rise 1.3% in the latest trading session and is +14.1% over the last one year. Another of its peers Corteva Inc (CTVA) has dropped -0.17% today, but is -3.82% down over the past year, while Fresh Del Monte Produce (FDP) is also up 12.07% yet its price remains in the red at -69.86% over the same period. Archer has a P/E ratio of 14.77 compared to Yield10’s 0 and Corteva’s 46.5. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.27% and 1.18%, respectively, in early deals.
Coming back to Yield10 Bioscience, Inc. (NASDAQ:YTEN), we note that the average 3-month trading volume was 1.31 Million, while that of the preceding 10-day period stands at 14.25 Million. Current shares outstanding are 3.21 Million.
According to data from Thomson Reuters, insiders hold 22.62% of the company’s shares while institutions hold 9.25%. The data shows that short shares as of August 30, 2020, stood at 44.38 Million at a short ratio of 0.18. This represents a 1.38% Short interest in Shares outstanding on August 30, 2020. Shares short rose in August from the previous month at 36.73 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +13.7% up in year-to-date price movement.